08852 Monmouth Junction, NJ is an affluent suburb of Princeton in Middlesex County. With a median household income of $138,245, it is one of the wealthiest zip codes in America. The two bedroom apartments here average around $2,100 per month which is significantly higher than the US average two-bedroom rent of $1,430. In addition to the high cost of living, the Grocery Cost Index in 08852 Monmouth Junction is 106 versus 100 in the US.
For employment opportunities, many residents work for nearby companies such as Advanced Drainage Systems (ADS), ALA Construction Enterprises Inc., Applied Resources Corporation and Geotek Industries Inc. Additionally 08852 Monmouth Junction boasts several universities within a close proximity including Rutgers University and Princeton University.
Monmouth Junction (zip 08852) has an unemployment rate of 5.6%. The US average is 6.0%.
Monmouth Junction (zip 08852) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Monmouth Junction (zip 08852)
- The Sales Tax Rate for Monmouth Junction (zip 08852) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Monmouth Junction (zip 08852) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Monmouth Junction (zip 08852)
- The average income of a Monmouth Junction (zip 08852) resident is $44,016 a year. The US average is $28,555 a year.
- The Median household income of a Monmouth Junction (zip 08852) resident is $109,462 a year. The US average is $69,021 a year.